Shamsan Abdo & Najeeb Murshed Acquire Retail Property On West 181st Street In Bronx For $1.85M
82 W 181st St #86, The Bronx, NY 10453, USA
Building Size
2,165 SF
Asset Type
Retail
Closing
Jan 9, 2018
About this deal
AI
Located at 82-86 West 181st Street in the Bronx, New York, this retail property has been sold in a closed transaction. The property was purchased for a price of $1,850,000.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,850,000
- Address: 82-86 West 181st Street, Bronx, New York
- Market: Bronx
The seller of the property was 181 BX Holdings LLC, while Shamsan Abdo & Najeeb Murshed acted as the buyers. The transaction was facilitated by Capital Services, with Hunter Moss, Jonthan Squires, and Michael Fiorvanti representing the agency.
On the Map
Retail
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Players
Bronx Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93